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Monthly Budget

Name:
Job:
Date:
Expenses Budget

Housing (monthly rent)

Vehicle (monthly payment for total


amount of vehicles)

Vehicle Maintenance (20% of vehicle


cost)

Bills (30% of monthly rent)

Clothing (includes clothing for all


seasons - choose yearly amount then
divide by 12)

Groceries (cannot be less than $250)

Entertainment (pharmacy, pet care,


haircut, etc.)

Other Items (boat, snowmobile, cabin,


etc.)

TOTAL MONTHLY BUDGET

Equation Key
Vehicle Maintenance = (monthly vehicle payment) x 0.2
Bills = (monthly rent) x 0.3
Clothing = (yearly cost) / 12
Entertainment = (weekly cost) x 4
Reflection Questions
Did you have any money leftover?

If you did, would you add anything to your budget?

If you did not have any money leftover, what would you change
about your budget?

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